Sunday , April 14 2024
Home / Tag Archives: Kasaija (page 2)

Tag Archives: Kasaija

Background to the sh48 trillion Uganda budget

BUDGET summary 2022/23 ➡ Shs.48,130.7 billion ❇Domestic revenue: Shs.30,797.3 bn with Shs.23,754.9 bn as tax revenue & Shs.1,795.9 bn as non tax revenue. ❇ Domestic borrowing is Shs.5,007.9bn ❇ Budget support is Shs.2,609.2bn ❇External financing for projects amounts to Shs.6,716 bn of which Shs.4,625.7bn is from loans & Shs.2,090.5 bn …

Read More »

Collective investment scheme assets cross Shs1tn

This is good news but finance minister Matia Kasaija wants more Ugandans to save | THE INDEPENDENT | There is good news from the Capital Markets Authority (CMA) of a big milestone amounting to slightly over Shs1.1trillion attained as Assets Under Management by licensed Collective Investment Scheme (CIS) managers, representing …

Read More »

Road Fund to become operational 14 years late

Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has assured parliament that the Road Fund was going to be operationalized following a legal opinion provided by the Attorney General. Kasaija’s statement follows a motion tabled by Tororo Woman MP, Sarah Opendi questioning why government was not …

Read More »

RETIREMENT: Savers to be able to get housing loans

Kampala, Uganda | THE INDEPENDENT | Members of different retirement schemes will be allowed to use part of their savings as collateral to obtain loans. According to the regulation, members saving in retirement schemes licensed by the Uganda Retirement Benefits Regulatory Authority (URBRA), will be allowed to secure mortgages and …

Read More »

Entebbe Airport gone or not?

The facts versus what government says and what public believes Kampala, Uganda | THE INDEPENDENT | Does Uganda stand to lose control of Entebbe International Airport to Chinese lenders over a $350 million loan? The government says China cannot take the airport but the raised voices on the issue shows …

Read More »

NHCC, Stanbic to develop housing units for sale

High costs involved in provision of other services such as water, roads and electricity have been cited as the main hindrances for provision of low cost housing Kampala, Uganda | THE INDEPENDENT | National Housing and Construction Company Limited, Stanbic Properties Limited, and Stanbic Bank Uganda Limited have entered a …

Read More »

Banks yet to receive Sh200Billion Small Enterprises Rescue Fund

Kampala, Uganda | THE INDEPENDENT | Commercial banks and microfinance institutions are yet to to officially hear about the 200 billion shillings for lending out money meant to rescue Ugandan small enterprises that were affected by the Covid-19 pandemic which was commissioned early last week. A check at two government-owned financial …

Read More »